Category Archives: Macroeconomic policy

Bill Black: Spain’s “Stimulus” Plan – Austerity, Rebranded

Spain’s conservative government, eager to change the media’s emphasis on its repudiation in recent EU elections, has launched a media campaign stressing its adoption of an aggressive “stimulus” program. But once you get past the hype, this new program is the same old failed austerity snake oil.


Yanis Varoufakis: Europe’s Slide into Deflation, and What to do About It

By Yanis Varoufakis, a professor of economics at the University of Athens. Cross posted from his website. From an interview for Jornal de Negócios by Jorge N. Rodrigues Europe is in the clasp of the deflationary forces that resulted directly from its inane handling of the Eurozone crisis. In this interview, I discuss deflation and […]


Joe Firestone: Using Generational Warfare to Divert Attention from Oligarchy and Corporatism

Some of the favored children of the economic elite who have a public presence, work hard in their writing and speaking to divert attention from inequality and oligarchy issues by raising the issue of competition between seniors and millennials for “scarce” Federal funds.